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flag Bitcoin soars past $106,000, driven by Trump’s support for a US crypto reserve.

flag Bitcoin broke above $106,000 after President-elect Donald Trump suggested creating a U.S. strategic reserve for the cryptocurrency. flag This boost in investor sentiment has led to a 192% increase in Bitcoin's value year-to-date. flag The total cryptocurrency market value has almost doubled to over $3.8 trillion. flag Analysts predict Bitcoin could reach $110,000 by the New Year, followed by a correction. flag The rise is also fueled by MicroStrategy's inclusion in the Nasdaq 100 and positive regulatory outlook.

4 months ago
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